Extract of sample "Overview and analysis of the energy generation industry in Uk"
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.…………………….…3 GDP Contribution…………………………………………………………………..……………12 Employment creation...………………………………………………………………………..…14 Investment..………………………………………………………………………………………15 The effects of government sustainability targets on Ecotricity business plan………………...…15
The UK Energy Generation Industry is one of the core industries in the United Kingdom’s economy, owing to the fact that the industry does not only power the whole nation, but also determines the rate of earnings that the other industrial sectors in the economy produces (Willems and Morbee, 2008:17). Energy is the backbone of the manufacturing, transport and commercial industries, such that without efficient energy supply for these sectors, the economy would virtually grind to halt. The UK Energy Generation Industry accounted for 51.8% of the total industrial investment in the United Kingdom in 2010 (DECC, 2013:2). This underlines its major contribution to both the stability and productivity of the economy, not only in its capacity to generate revenues for the economy, but also in supporting the rest of the industries in the economy to maximize their productivity.
This report seeks to analyze the structure of the industry, with a view to evaluate the reasons for the structure and the strategic decisions that are influenced by the structure of the industry, as well as the possible future structure of the industry. The other subject of this report will be the analysis of the contribution of the UK energy generation industry to the economy, especially as related to the value added by the industry to the country. Finally, the report will also assess the effects of government sustainability targets on the business plan of Ecotricity, as one of the
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